Hive Digital Technologies Ltd. (HIVE): Record Revenue, Global Listings, and Analyst Buy Ratings Drive Momentum

Group 1 - HIVE Digital Technologies Ltd (NASDAQ:HIVE) is recognized as a promising multibagger penny stock, recently listing on the Colombian Stock Exchange, becoming the first Bitcoin and AI infrastructure company to do so [1] - The company reported record quarterly revenue of $87.3 million, reflecting a 285% year-over-year increase, and is expanding its operations in Paraguay with over 25 Exahash mining capacity, plans for 36,000 GPUs, and 400 MW of renewable energy [1] - In November, HIVE achieved record Bitcoin production of 290 Bitcoin, a 182% year-over-year increase, with an average daily output of 9.7 Bitcoin and an average hashrate of 23.5 Exahash per second [2] Group 2 - The company's fleet efficiency is reported at 17.5 joules per Terahash, and its total capacity in Paraguay has increased to 300 megawatts following the commissioning of its final ASICs [2] - B. Riley's analyst Nick Giles adjusted HIVE's price target to $7 from $8 while maintaining a Buy rating, citing strong Q3 EBITDA driven by lower power costs and progress in Bitcoin mining and AI cloud build-out [3] - HIVE operates green data centers for Bitcoin mining and High-Performance Computing (HPC) / AI cloud services, utilizing clean energy sources like hydroelectric power to create scalable and environmentally responsible digital infrastructure [4]